Marathon Oil Corp.
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The swing to profit in the first quarter also comes as Marathon Oil and other shale producers slashed spending and production last…
Marathon Oil on April 29 declared a dividend of 4 cents per share, a 33% increase, joining other U.S. oil producers to do so as prices…
Marathon Oil intends to fully redeem its 2022 senior notes, which the Houston-based oil and gas producer said will reduce gross debt…
Two new Barnett producers in Tarrant County, Texas, separate Midland Basin discoveries by Hibernia Resources and Endeavor Energy plus…
Marathon Oil has laid off around 100 U.S. employees, or about 5% of its total workforce, a spokeswoman for the Houston-based oil and…
New Financings
Marathon Oil Corp. has launched a conversion and remarketing of $600 million of sub-…
Marathon Oil Corp. sent an irrevocable notice of early redemption to the holders of the company…
Announced it has repurchased approximately $150 million of additional common stock subsequent to the date…
Marathon Oil Corporation has entered into a transaction to redeem at par the outstanding $1 billion of 5.…
A public offering of 4.4% senior notes that will mature on July 15, 2027, was priced to 99.634% of the…
Activity Highlights
Mountrail
ND
United States
Two Mountrail County, N.D., wells were completed by Houston-based Marathon Oil Co. The Reunion Bay wells were drilled from a pad in Section 21-151n-93w. The #34-21TFH Donaason USA was drilled to 21,103 ft, 10,695 ft true vertical, and produced 3,…
Atascosa
TX
United States
Three Marathon Oil Corp. Eagle Ford wells were completed in Atascosa County (RRC Dist. 1), Texas. The wells were drilled from a single Eagleville Field pad in Section, 137 Fredrick Anthony Survey, A-15. The #2H Deatley Hollub May SA 2 was drilled…
Mountrail
ND
United States
Results from two Mountrail County, N.D., wells were announced by Houston-based Marathon Oil Co. The ventures were drilled at a Reunion Bay Field pad in Section 21-151n-93w. The #44-21H AKKO USA was drilled to 21,106 ft (10,605 ft true vertical)…
Mountrail
ND
United States
A Marathon Oil Co.-Middle Bakken discovery was reported in North Dakota’s Mountrail County. The Reunion Bay Field well, #11-15H Frances USA, is in Section 10-151n-93w and was drilled to 21,185 ft with a true vertical depth of 10,660 ft. It…
Dunn
ND
United States
In North Dakota’s Dunn County, Marathon Oil Co. completed a Bailey Field-Upper Three Forks well. The #24-12TFH Emil is in 12-146n-94w. It was drilled to a total depth of 21,461 ft and a true vertical depth of 10,760 ft and was tested after 45-…
Transactions
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marketed: Marathon Oil SOHOT Drilling Project
Marketed: Marathon Oil SOHOT Drilling Project